Interpublic Group of Companies, with ticker code (IPG) have now 9 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 46 and 32 and has a mean target at 39.67. With the stocks previous close at 27.78 this would imply there is a potential upside of 42.8%. The 50 day MA is 32.48 while the 200 day moving average is 35.37. The market capitalisation for the company is $11,042m. Find out more information at: https://www.interpublic.com
The potential market cap would be $15,768m based on the market concensus.
The Interpublic Group of Companies provides advertising and marketing services worldwide. It operates in two segments, Integrated Agency Networks (IAN) and IPG DXTRA. The company offers consumer advertising, digital marketing, communications planning and media buying, public relations, and specialized communications disciplines, as well as data science services. It also provides various diversified services, including meeting and event production, sports and entertainment marketing, corporate and brand identity, and strategic marketing consulting. The company was formerly known as McCann-Erickson Incorporated and changed its name to The Interpublic Group of Companies in January 1961. The Interpublic Group of Companies was founded in 1902 and is headquartered in New York, New York.